Tata Capital Financial Services Ltd. v. Karuppaiah A And 2 Others And Court Receiver High Court, Bombay (Respondent)

Rkmore (604)chscd-1006

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO. 1006 OF 2018 IN COMMERCIAL ARBITRATION PETITION NO.445 OF 2017 Tata Capital Financial Services Limited ... Applicant

IN THE MATTER BETWEEN:

Tata Capital Financial Services Limited ... Petitioner

Versus

Karuppaiah A & Ors.

... Respondents And Court Receiver, High Court, Bombay ... Respondent Mr. Manish Gala i/b M/s. Law Square, for Petitioner

CORAM:

S.J. KATHAWALLA, J.

DATE:

14th SEPTEMBER, 2018 P.C.

1. Perused the Chamber Summons and the Affidavit in support of the Chamber Summons. For reasons set out in the Affidavit in support of the Chamber Summons, the same is allowed in terms of prayer clause (a) which is reproduced hereunder:

"(a) that the Court Receiver, High Court, Bombay be discharged in respect of the mortgaged property being O No. 3, N No.7,Periyapalli Street, Mandavelipakkam, Raja Annamalaipuram, Chennai-600028 more particularly described in "Exhibit D" to the Petition without passing of accounts;"

Rkmore (604)chscd-1006 : 2 :

2. The Petitioner shall pay costs, charges and expenses of the Court Receiver within a period of two weeks from today.

3. The Chamber Summons is accordingly disposed of. (S.J. KATHAWALLA, J.)